The FINANCIAL-- Today, the European Commission proposes to modernise EU legislation on batteries, delivering its first initiative among the actions announced in the new Circular Economy Action Plan.
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The FINANCIAL — The European Commission has announced an additional €3 million in humanitarian support to ensure critical assistance to the civilians most affected by the conflict in and around Nagorno Karabakh. This funding comes on top of €900,000 allocated since early
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The FINANCIAL — A preschool in Bakhmut, a hospital in Vuhledar and a central city library in Mariupol are only 3 of 244 public facilities currently being refurbished in eastern Ukraine thanks to support from the EU and the European Investment Bank
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The FINANCIAL — IFC, a member of the World Bank Group, and The Currency Exchange Fund (TCX) have bolstered their partnership to promote cross-border investment flows by helping investors manage currency risk in the world’s poorest countries. IFC is investing $10 million
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The FINANCIAL — On 12 November, the European Commission took a major step forward in boosting investment in Africa and the EU Neighbourhood, helping to stimulate global recovery from the pandemic, by concluding ten financial guarantee agreements worth €990 million with partner
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The FINANCIAL — The Coronavirus pandemic continues to severely affect migrants and refugees. Difficulties to enter the EU, increasing reports of pushbacks and violence at the borders, and worsening conditions in reception centres are some of the main concerns the EU Agency
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The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) and the central banks of Estonia (Eesti Pank), Latvia (Latvijas Banka) and Lithuania (Lietuvos Bankas) are joining forces to develop a regional market for commercial papers. Commercial papers (CPs) are short-term
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The FINANCIAL — The coronavirus pandemic represents a very large shock for the global and EU economies, with very severe economic and social consequences. Economic activity in Europe suffered a severe shock in the first half of the year and rebounded strongly
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The FINANCIAL — The European Commission has approved, under EU State aid rules, a Dutch scheme of around €1.5 billion to compensate companies providing regional and long-distance public passenger transport services in the Netherlands for the damage suffered due to the coronavirus
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The FINANCIAL — The European Commission and the Government of Mozambique have today signed a budget support programme worth €100 million to respond to the socio-economic impacts of COVID-19. Commissioner for International Partnerships, Jutta Urpilainen, commented: “With this contribution, the European Union will
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